The hon. Gentleman is right that our debt-to-GDP ratio fell, in a good way, quite markedly after the second world war. Nevertheless, it is still true that we have previously been in territory where that ratio has been well over 100 per cent. We are not in that position at the moment.
Fiscal Responsibility Bill
Proceeding contribution from
Jeremy Browne
(Liberal Democrat)
in the House of Commons on Tuesday, 5 January 2010.
It occurred during Debate on bills on Fiscal Responsibility Bill.
Type
Proceeding contribution
Reference
503 c86 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 10:02:36 +0000
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